﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿Take Full Command and ﻿Control﻿ of ﻿Cash﻿ Flow﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿﻿

Start the real turnaround work sooner, spend less time on reporting

﻿﻿﻿Command ﻿and﻿ ﻿Control﻿ ﻿﻿﻿of Cash﻿﻿﻿﻿﻿﻿

One of the first and most important things a Trustee, new CFO, or Restructuring Specialist needs to establish is complete command and control of cash flow. If you understand cash flow, you understand the business better than almost anyone. VALID8 accelerates this process and by automating many of the data prep and clean tasks.

13-Week Cash Roll Forward

﻿Before any restructuring project starts, you need a baseline. Top ﻿bankruptcy﻿ and restructuring firms use a pivot table called a 13-Week Cash Roll Forward. It can delay the project from days to weeks because it’s based on 3rd party validated bank transactions to ensure accuracy. VALID8 automates this process and exports aggregated cash flow data into pre-formatted Excel spreadsheets.﻿

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﻿﻿﻿﻿﻿Monthly ﻿Operating﻿ ﻿Reports﻿﻿﻿﻿﻿﻿

The US Trustee’s Office in the Department of Justice mandates that for every Chapter 11 commercial bankruptcy, monthly operating reports are filed. They require a summary of disbursements and bank account summary schedules for a view on validated cash flow. This is outside of the standard month end close accounting tasks and can consume resources you don’t have. VALID8 automates this process and exports aggregated cash flow data into pre-formatted Excel spreadsheets.